Health Savings Account Contribution Limits

A Health Savings Account (HSA) is a tax-advantaged account that works with an HSA-qualified health plan. To take advantage of the tax benefits, you must be enrolled in an HSA-qualified health plan and own and contribute to an HSA.

All tax references are at the federal level. State taxes may vary. This illustrative example assumes 25% federal and 5% state tax savings. Tax rates vary.

Contact your insurance provider if you have questions on whether your health coverage is HSA-qualified. Other HSA-eligibility criteria apply including: cannot be enrolled in Medicare, cannot be covered in a health plan that is not an HSA-qualified plan (with limited exceptions), have received VA medical benefits in the past three months, or be eligible to be claimed as a dependent on someone else’s tax return.